EQUITAS HOLDINGS LIMITED
The Company was incorporated as UPDB Micro Finance Private Limited on June 22, 2007 at
Chennai as a private limited company under the Companis Act, 1956. The name of the Company
was subsequently changed to Equitas Micro Finance India Private Limited and the Registrar
of Companies, Tamil Nadu situated at Chennai (the 'RoC') issued a fresh
certificate of incorporation on February 1, 2008. The name of the Company was subsequently
changed to Equitas Holdings Private Limited and the RoC issued a fresh certificate of
incorporation on February 29, 2012. The Company was then converted into a public limited
company and consequently, its name was changed to Equitas Holdings Limited and the RoC
issued a fresh certificate of incorporation on June 18, 2015. For further details, see
'History and Certain Corporate Matters' beginning on page 221 of the Prospectus
dated April 12, 2016 filed with the RoC (the 'Prospectus').
Registered and Corporate Office: 410A, 4th Floor, Spencer Plaza, Phase
II, No. 769, Mount Road, Anna Salai, Chennai 600 002. For Further details in relation to
change of Registered Office, see 'History and Certain Corporate Matters'
beginning on page 221 of the Prospectus. Tel: (91 44)4299 5000; Fax:
(91 44)4299 5050. Contact Person: Jayashree S. Iyer, Company Secretary
and Compliance Officer; Tel: (9144)4299 5075; Fax: (91
44)4299 5050; E-mail: corporate@equitas.in.
Website: www.equitas.in Corporate
Identity Number: U65100TN2007PLC064069.
BASIS OF ALLOTMENT
The Equity Shares of the Company are proposed to be listed on the BSE Limited
('BSE') and the National Stock Exchange of India Limited ('NSE') and
the trading is expected to commence on April 21, 2016.
THE COMPANY IS A PROFESSIONALLY MANAGED COMPANY AND DOES NOT HAVE AN IDENTIFIABLE
PROMOTER IN TERMS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND
DISCLOSURE REQUIREMENTS) REGULATIONS, 2009, AS AMENDED (THE 'REGULATIONS') AND
COMPANIES ACT, 2013.
PUBLIC ISSUE OF 197,880,429 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH (THE
'EQUITY SHARES') OF EQUITAS HOLDINGS LIMITED (THE 'COMPANY' OR THE
'ISSUER') FOR CASH AT A PRICE OF RS. 110* PER EQUITY SHARE (INCLUDING A SHARE
PREMIUM OF RS. 100 PER EQUITY SHARE) AGGREGATING TO RS. 21,766.85 MILLION
('ISSUE') CONSISTING OF A FRESH ISSUE OF 65,454,545 EQUITY SHARES AGGREGATING TO
RS. 7,200 MILLION AND AN OFFER FOR SALE OF 16,463,772 EQUITY SHARES BY INTERNATIONAL
FINANCE CORPORATION ('IFC'), 11,926,668 EQUITY SHARES BY NEDERLANDSE
FINANCIERINGS - MAATSCHAPPIJ VOOR ONTWIKKELINGSLANDEN N.V. ('FMO')(IFC AND FMO
COLLECTIVELY REFERRED TO AS THE 'DFI SELLING SHAREHOLDERS'), 4,999,998 EQUITY
SHARES BY AAVISHKAAR GOODWELL INDIA MICROFINANCE DEVELOPMENT COMPANY LTD.
('AAVISHKAAR'), 7,153,038 EQUITY SHARES BY AQUARIUS INVESTMENTS LTD.
('AQUARIUS'), 868,125 EQUITY SHARES BY CREATION INVESTMENTS EQUITAS HOLDINGS,
LLC ('CREATION'), 4,288,648 EQUITY SHARES BY HELION VENTURE PARTNERS II LLC
('HELION'), 25,938,594 EQUITY SHARES BY INDIA FINANCIAL INCLUSION FUND
('IFIF'). 22,571,820 EQUITY SHARES BY LUMEN INVESTMENT HOLDINGS LIMITED
('LUMEN'), 16,975,484 EQUITY SHARES BY MVH S.P.A. ('MVH'), 6,635,770
EQUITY SHARES BY SARVA CAPITAL LLC ('SARVA'), 12,840,861 EQUITY SHARES BY
SEQUOIA CAPITAL INDIA INVESTMENTS III ('SEQUOIA'), 1,583,106 EQUITY SHARES BY
WESTBRIDGE VENTURES II, LLC ('WESTBRIDGE') (AAVISHKAAR, AQUARIUS, CREATION,
HELION, IFIF, LUMEN, MVH, SARVA, SEQUOIA AND WESTBRIDGE COLLECTIVELY REFERRED TO AS THE
'PE SELLING SHAREHOLDERS'), AND 180,000 EQUITY SHARES BY P. N. VASUDEVAN
('INDIVIDUAL SELLING SHAREHOLDER') (THE DFI SELLING SHAREHOLDERS, PE SELLING
SHAREHOLDERS AND INDIVIDUAL SELLING SHAREHOLDER COLLECTIVELY THE 'SELLING
SHAREHOLDERS'). THE ISSUE COMPRISES ANET ISSUE TO THE PUBLIC OF 197,630,429 EQUITY
SHARES (THE 'NET ISSUE') AND A RESERVATION OF 250,000 EQUITY SHARES AGGREGATING
TO RS. 27.50 MILLION FOR SUBSCRIPTION BY ELIGIBLE EMPLOYEES, NOT EXCEEDING 5% OF THE
POST-ISSUE PAID-UP EQUITY SHARE CAPITAL (THE 'EMPLOYEE RESERVATION PORTION').
THE ISSUE WOULD CONSTITUTE 59.00% OF THE POST-ISSUE PAID-UP EQUITY SHARE CAPITAL AND THE
NET ISSUE TO THE PUBLIC WOULD CONSTITUTE 58.93% OF THE POST-ISSUE PAID-UP EQUITY SHARE
CAPITAL
*Please note that the Anchor lnvestor Issue Price is Rs. 110 per Equity Share.
ISSUE PRICE: RS. 110 PER EQUITY SHARE OF FACE
VALUE OF RS. 10 EACH
THE ISSUE PRICE IS 11.0 TIMES THE FACE VALUE. |
Risks to Investors:
i. The four Merchant Bankers associated with the Issue have handled 20 public Issues in
the past three years out of which 7 issues closed below the issue price on listing date.
ii. The Price/Earnings ratio based on diluted EPS for FY 2015 for the Company at the
Issue Price is 1,571.43 on a restated unconsolidated basis and 24.61 on a restated
consolidated basis as compared to the average industry peer group PE ratio of 27.16.
iii. Weighted Average Return on Net Worth for FY 2015, FY 2014 and FY 2013 is positive
i.e. 0.16% on a restated unconsolidated basis and 9.02% on a restated consolidated basis.
iv. Weighted average cost of acquisition in case of Offer for Sale is Rs. 34.98
as against Issue to public at Rs. 110. |
BID/ ISSUE PERIOD: OPENED ON: TUESDAY, APRIL 5, 2016
CLOSED ON: THURSDAY, APRIL 7, 2016
* Please note that the Anchor Investor Bid/Issue Period opened and closed on one
Working Day prior to Bid/Issue Opening Date, i.e. Monday April 4, 2016.
In terms of Rule 19(2) (b) (ii) of the Securities Contracts (Regulation)
Rules, 1957, as amended ('SCRR'), as the post Issue Capital of
the Company is more than Rs. 16,000 million but less than Rs. 40,000 million, the Equity
Shares issued in the Issue shall aggregate to at least such percentage of the post-Issue
Equity Share Capital of the Company (calculated at the Issue Price) that it will be at
least Rs. 4,000 million. The Issue was made through the Book Building Process, In
compliance with Regulation 26(1) of SEBI Regulations, wherein 50% of the Net Issue was
allocated on a proportionate basis to QIBs, provided that the Company in consultalion with
the BRLMs have allocated up to 60% of the QIB Category to Anchor Investors on a
discretionary basis. One-third of'theAnchor Investor Portion was reserved for domesbc
Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above
Anchor Investor Allocation Price. 5% of the QIB Category (excluding the Anchor Investor
Portion) was available for allocation on a proportionate basis to Mutual Funds only, and
the remainder of the QIB Category was available for allocation on a proportionate basis to
all QIB Bidders (other than Anchor Investors), Including Mutual Funds, subject to valid
Bids being receded at or above the Issue Price. THE COMPANY HAS ALLOCATED THE
EQUITY SHARES IN THE ISSUE ONLY TO RESIDENT INDIAN BIDDERS. SUCH ALLOCATION TO RESIDENT
INDIAN BIDDERS IS ACROSS ALL CATEGORIES. For further details, see 'Terms of
the Issue - No Subscription by Non Residents' on page 736 of the Prospectus. Further,
not less than 15% of the Net Issue was available for allocation on a proportionate basis
to Non-Institutional Bidders and not less than 35% of the Net Issue was availble for
allocation to Retail Individual Bidders in accordance with the SEBI Regulations, subject
to valid Bids being received at or above the Issue Price. All potential Bidders, other
than Anchor Investors, were required to mandatorily utilise the ASBA Process by providing
details of their respective bank account which was blocked by the SCSBs to participate in
this Issue. For details, see 'Issue Procedure' beginning on page 743 of the
Prospectus. The RBI has. through its letter dated November 27, 2015, communicated that any
investor thai wishes to acquire 5% or more of the post-Issue paid up share capital of the
Company, pursuant to the Issue, shall require the prior approval of the RBI. For further
details, see 'Terms of the Issue - Basis of Allocation' on pages 736 and 737 of
the Prospectus.
The Issue received 569,371 applications for 2,407,443,255 Equity Shares (prior to
technical rejections) resulting in 12.17 times subscription. The details of the
applications received in the Issue from various categories are as unde:- (before technical
rejections):
SI.
No. |
Category
|
No. of
Applications |
No. of Equity
Shares
Applied |
No. of times
Subscribed |
Amount
(Rs.)
|
Shares
Reserved |
A |
Retail Individual Bidders |
568,035 |
94,355,550 |
1.36 |
10,383,252,890.00 |
60,170,651 |
B |
Non Institutional Bidders |
617 |
1,658,803,860 |
55.96 |
182,468,124,900.00 |
29,644,565 |
C |
Qualified Institutional Buyers
(excluding Anchor Investors) |
164 |
594,724,950 |
15.05 |
65,419,744,500.00 |
39,526,086 |
D |
Eligible Employees |
492 |
268,650 |
1.07 |
29,491,645.00 |
250,000 |
E |
Anchor Investors |
63 |
59,290,245 |
1.00 |
6,521,926,950.00 |
59,289,127 |
|
Total |
569,371 |
2,407,443,25 |
12.17 |
264,822,540,885.00 |
197,880,429 |
Final Demand
A summary of the final demand as per the BSE and NSE as on the Bid/Issue Closing Date
at different Bid prices is as under:
SI.
No. |
Bid Price |
No. of
Equity Shares |
% to Total |
Cumulative
Total |
Cumulative
% to Total |
1 |
109 |
507,735 |
0.02 |
507,735 |
0.02 |
2 |
110 |
2,328,319,485 |
96.35 |
2,328,827,220 |
96.37 |
3 |
CUTOFF |
87,598,395 |
3.63 |
2,416,425,615 |
100.00 |
|
TOTAL |
2,416,425,615 |
100.00 |
|
|
The Basis of Allotment was finalized in consultation with the
Designated Stock Exchange, being the BSE on April 13, 2016.
A. Allotment to Retail Individual Bidders (after technical
rejections)(including ASBA Applications)
The Basis of Allotment to the Retail Individual Bidders, who have Bid al Cut-Off Price
or at the Issue Price of Rs. 110 per Equity Share, was finalized in consultation with the
BSE. This category has been subscribed to the extent of 1.340787 times. The total number
of Equity Shares Allotted in Retail Individual Bidders category is 69,173,668 Equity
Shares to 512,397 successful applicants, The category-wise details of the Basis of
Allotment are as under:
Category |
No. of
Applications
Received |
% of
Total |
Total No. of
Equity Shares
Applied |
% to
Total |
No. of Equity
Shares Allotted
pet Applicant |
Ratio |
Total No. of
Equity Shares
Allotted |
135 |
530,532 |
95 |
71,621,820 |
77.22 |
135 |
903:985 |
65,659,275 |
270 |
10,668 |
2 |
2,880,360 |
3.11 |
136 |
11:12 |
1,320,165 |
405 |
3,844 |
1 |
1,556,820 |
1.68 |
135 |
11:12 |
475,740 |
540 |
2,327 |
0 |
1,256,580 |
1.35 |
135 |
11:12 |
287,955 |
675 |
1,318 |
0 |
889,650 |
0.96 |
135 |
11:12 |
163,080 |
810 |
1,460 |
0 |
1,182,600 |
1.28 |
135 |
11:12 |
180,630 |
945 |
1,366 |
0 |
1,290,870 |
1.39 |
135 |
11:12 |
169,020 |
1,080 |
611 |
0 |
659,880 |
0.71 |
135 |
11:12 |
75,600 |
1,215 |
203 |
0 |
246,645 |
0.27 |
135 |
11:12 |
25,110 |
1,350 |
823 |
0 |
1,111,050 |
1.20 |
135 |
11:12 |
101,925 |
1,485 |
196 |
0 |
291,060 |
0.31 |
135 |
11:12 |
24,300 |
1,620 |
258 |
0 |
417,960 |
0.45 |
135 |
11:12 |
31,995 |
1,755 |
5,323 |
1 |
9,341,865 |
10.07 |
135 |
11:12 |
658,800 |
|
|
|
|
|
1 |
1:357 |
73 |
TOTAL |
558,929 |
100 |
92,747,160 |
100.00 |
|
|
69,173,688 |
B Allotment to Non-Institutional Bidders (after technical
rejections)
The Basis of Allotment to the Non-lnslitutonal Bidders, who have Bid at the Issue Price
of Rs.110 per Equity Share or above, was finalized in consultation with the BSE. This
category has been subscribed to the extent of 55.834434 times. The total number of Equity
Shares Allotted In this category is 29,645.858 Equity Shares to 530 successfd applicants.
The category-wise details of the Basis of Allotment are as under:
Category |
No. of
Applications
Received |
% of
Total |
Total No.
of Equity
Shares Applied |
% ot
Total |
No. ot Equity
Shares Allotted
per Applicant |
Ratio |
Total No. of Equity hares Allotted |
1.890 |
32 |
5.28 |
60.480 |
0.00 |
135 |
1:4 |
1,080 |
2,025 |
10 |
1.65 |
20.250 |
0 00 |
135 |
1:5 |
270 |
2,160 |
3 |
0.50 |
6.480 |
0 00 |
135 |
1:3 |
135 |
2,430 |
2 |
0 33 |
4.860 |
0 00 |
135 |
1:2 |
135 |
2,565 |
3 |
0 50 |
7.695 |
0.00 |
135 |
1:3 |
135 |
2.700 |
16 |
2 64 |
43.200 |
0 00 |
135 |
3:8 |
810 |
2.835 |
2 |
0.33 |
5,670 |
0 00 |
135 |
1:2 |
135 |
2.970 |
4 |
0.66 |
11.880 |
0 00 |
135 |
1:4 |
135 |
3.105 |
4 |
0 66 |
12.420 |
0 00 |
135 |
1:4 |
135 |
3.240 |
1 |
0 17 |
3.240 |
0 00 |
135 |
1:1 |
135 |
3.375 |
2 |
0.33 |
6.750 |
0 00 |
135 |
1:2 |
135 |
3.510 |
5 |
0.83 |
17,550 |
0 00 |
135 |
2:5 |
270 |
3,645 |
3 |
0.50 |
10.935 |
0 00 |
135 |
1:3 |
135 |
3.780 |
2 |
0 33 |
7,560 |
0.00 |
135 |
1:2 |
135 |
4.050 |
2 |
0 33 |
8.100 |
0 00 |
135 |
1:2 |
135 |
4.320 |
2 |
0 33 |
8.640 |
0 00 |
135 |
1:2 |
135 |
4,455 |
16 |
2.64 |
71.280 |
0 00 |
135 |
9:16 |
1,215 |
4.590 |
1 |
0.17 |
4,590 |
0 00 |
135 |
1:1 |
135 |
4.725 |
3 |
0.50 |
14,175 |
0 00 |
135 |
2:3 |
270 |
4,995 |
3 |
0 50 |
14,985 |
0 00 |
135 |
2:3 |
270 |
5.130 |
1 |
0.17 |
5,130 |
0.00 |
135 |
1:1 |
135 |
5.265 |
1 |
0 17 |
5.265 |
0 00 |
135 |
1:1 |
135 |
5.400 |
8 |
1.32 |
43,200 |
0 00 |
135 |
3:4 |
810 |
5.670 |
1 |
0.17 |
5,670 |
0 00 |
135 |
1:1 |
135 |
6.075 |
1 |
0.17 |
6.075 |
0 00 |
135 |
1:1 |
135 |
6.345 |
2 |
0 33 |
12.690 |
0 00 |
135 |
1:2 |
135 |
6.480 |
2 |
0 33 |
12.960 |
0.00 |
135 |
1:1 |
270 |
6.615 |
1 |
0.17 |
6,615 |
0.00 |
135 |
1:1 |
135 |
6.750 |
6 |
0.99 |
40,500 |
0.00 |
135 |
5:6 |
675 |
7.020 |
1 |
0 17 |
7.020 |
0 00 |
135 |
1:1 |
135 |
7.155 |
1 |
0.17 |
7,155 |
0 00 |
135 |
1:1 |
135 |
7,425 |
1 |
0.17 |
7.425 |
0 00 |
135 |
1:1 |
135 |
8.100 |
1 |
0.17 |
8.100 |
0.00 |
145 |
1:1 |
145 |
8,775 |
2 |
0.33 |
17.550 |
0 00 |
157 |
1:1 |
314 |
8.910 |
1 |
0.17 |
8,910 |
0 00 |
160 |
1:1 |
160 |
9.045 |
20 |
3.30 |
180.900 |
0 01 |
162 |
1:1 |
3.240 |
9.180 |
1 |
0 17 |
9,180 |
0.00 |
164 |
1:1 |
164 |
9,315 |
1 |
0.17 |
9.315 |
0 00 |
167 |
1:1 |
167 |
9.450 |
1 |
0.17 |
9,450 |
0 00 |
169 |
1:1 |
169 |
9,990 |
4 |
0.66 |
39.960 |
0 00 |
179 |
1:1 |
716 |
10.125 |
2 |
0.33 |
20.250 |
0 00 |
181 |
1:1 |
362 |
10.800 |
6 |
0.99 |
64,800 |
0.00 |
193 |
1:1 |
1,158 |
10.935 |
1 |
0.17 |
10,935 |
0.00 |
196 |
1:1 |
196 |
11.880 |
1 |
0.17 |
11.880 |
0 00 |
213 |
1:1 |
213 |
13,230 |
1 |
0.17 |
13,230 |
0 00 |
237 |
1:1 |
237 |
13.500 |
7 |
1.16 |
94,500 |
0 01 |
242 |
1:1 |
1.694 |
13.635 |
6 |
0.99 |
81.810 |
0.00 |
244 |
1:1 |
1.464 |
13.770 |
1 |
0.17 |
13,770 |
0 00 |
247 |
1:1 |
247 |
14.580 |
1 |
0.17 |
14,580 |
0 00 |
261 |
1:1 |
261 |
16,200 |
1 |
0 17 |
16.200 |
0 00 |
290 |
1:1 |
290 |
17,550 |
1 |
0 17 |
17.550 |
0 00 |
314 |
1:1 |
314 |
17.955 |
1 |
0 17 |
17.955 |
0 00 |
322 |
1:1 |
322 |
18,090 |
7 |
1.16 |
126.630 |
0 01 |
324 |
1:1 |
2.268 |
18.225 |
2 |
0.33 |
36.450 |
0.00 |
326 |
1:1 |
652 |
19,980 |
1 |
0.17 |
19,980 |
0.00 |
368 |
1:1 |
358 |
20.250 |
1 |
0.17 |
20,250 |
0 00 |
363 |
1:1 |
363 |
20.655 |
1 |
0 17 |
20.655 |
0.00 |
370 |
1:1 |
370 |
20.790 |
1 |
0 17 |
20.790 |
0 00 |
372 |
1:1 |
372 |
21.735 |
1 |
0.17 |
21.735 |
0.00 |
389 |
1:1 |
389 |
22,680 |
1 |
0.17 |
22.680 |
0.00 |
406 |
1:1 |
406 |
22,950 |
1 |
0.17 |
22.950 |
0 00 |
411 |
1:1 |
411 |
23.625 |
1 |
0 17 |
23,625 |
0.00 |
4 23 |
1:1 |
423 |
24.435 |
1 |
0 17 |
24,435 |
0.00 |
438 |
1:1 |
438 |
24.570 |
1 |
0 17 |
24.570 |
0.00 |
440 |
1:1 |
440 |
27.000 |
3 |
0 50 |
81.000 |
0 00 |
484 |
1:1 |
1.452 |
28.890 |
1 |
0.17 |
28.890 |
0.00 |
517 |
1:1 |
517 |
29.700 |
1 |
0 17 |
29,700 |
0 00 |
532 |
1:1 |
532 |
31.995 |
1 |
0.17 |
31,995 |
0.00 |
573 |
1:1 |
573 |
32.400 |
2 |
0.33 |
64,800 |
0 00 |
580 |
1:1 |
1.160 |
33,345 |
1 |
0.17 |
33.345 |
0 00 |
597 |
1:1 |
597 |
33,750 |
1 |
0.17 |
33.750 |
0 00 |
604 |
1:1 |
604 |
34.560 |
1 |
0 17 |
34,560 |
0.00 |
619 |
1:1 |
619 |
36.315 |
2 |
0.33 |
72.630 |
0 00 |
650 |
1:1 |
1.300 |
36.450 |
2 |
0.33 |
72.900 |
0.00 |
653 |
1:1 |
1.306 |
38,475 |
1 |
0.17 |
38.475 |
0 00 |
689 |
1:1 |
689 |
39,015 |
1 |
0.17 |
39.015 |
0 00 |
699 |
1:1 |
699 |
39.150 |
1 |
0 17 |
39.150 |
0.00 |
701 |
1:1 |
701 |
39,960 |
1 |
0 17 |
39.960 |
0 00 |
716 |
1:1 |
716 |
40.500 |
1 |
0.17 |
40,500 |
0 00 |
725 |
1:1 |
725 |
40.905 |
3 |
0.50 |
122.715 |
0 01 |
733 |
1:1 |
2.199 |
43,200 |
1 |
0.17 |
43.200 |
0 00 |
774 |
1:1 |
774 |
45,360 |
5 |
0.83 |
226.800 |
0.01 |
812 |
1:1 |
4.060 |
49.140 |
1 |
0.17 |
49,140 |
0 00 |
880 |
1:1 |
880 |
49.950 |
2 |
0.33 |
99,900 |
0.01 |
895 |
1:1 |
1.790 |
50,220 |
1 |
0.17 |
50.220 |
0 00 |
899 |
1:1 |
899 |
51.705 |
2 |
0.33 |
103.410 |
0 01 |
926 |
1:1 |
1.852 |
52,650 |
1 |
0.17 |
52.650 |
0 00 |
943 |
1:1 |
943 |
53,595 |
1 |
0.17 |
53.595 |
0.00 |
960 |
1:1 |
960 |
54,000 |
2 |
0.33 |
108.000 |
0 01 |
967 |
1:1 |
1.934 |
54,540 |
3 |
0.50 |
163.620 |
0 01 |
977 |
1:1 |
2.931 |
60.075 |
1 |
0.17 |
60,075 |
0.00 |
1076 |
1:1 |
1.076 |
61.695 |
1 |
0.17 |
61.695 |
0.00 |
1.105 |
1:1 |
1.105 |
64.935 |
1 |
0.17 |
64.935 |
0 00 |
1.163 |
1:1 |
1.163 |
73.710 |
1 |
0.17 |
73.710 |
0 00 |
1.320 |
1:1 |
1.320 |
74,250 |
1 |
0 17 |
74,250 |
0.00 |
1.330 |
1:1 |
1,330 |
75,600 |
1 |
0 17 |
75,600 |
0 00 |
1.354 |
1:1 |
1,354 |
78,165 |
1 |
0.17 |
78,165 |
0 00 |
1,400 |
1:1 |
1,400 |
78,975 |
1 |
0.17 |
78.976 |
0.00 |
1.414 |
1:1 |
1,414 |
81.000 |
1 |
0.17 |
81,000 |
0 00 |
1.451 |
1:1 |
1.451 |
87,210 |
1 |
0.17 |
87.210 |
0 01 |
1.562 |
1:1 |
1.562 |
90,855 |
12 |
1.98 |
1.090,260 |
0.07 |
1.627 |
1:1 |
19,524 |
90.990 |
1 |
0.17 |
90.990 |
0.01 |
1.630 |
1:1 |
1.630 |
91.800 |
1 |
0.17 |
91.800 |
0.01 |
1.644 |
1:1 |
1.644 |
99,090 |
1 |
0.17 |
99,090 |
0 01 |
1.775 |
1:1 |
1.775 |
99,900 |
1 |
0.17 |
99,900 |
0.01 |
1,789 |
1:1 |
1.789 |
100,035 |
1 |
0.17 |
100.035 |
0 01 |
1.792 |
1:1 |
1.792 |
101,250 |
1 |
0 17 |
101.250 |
0 01 |
1 813 |
1:1 |
1.813 |
109.080 |
1 |
0.17 |
109.080 |
0 01 |
1.954 |
1:1 |
1,954 |
112.725 |
1 |
0 17 |
112.725 |
0.01 |
2019 |
1:1 |
2.019 |
125.415 |
1 |
0.17 |
125.415 |
0 01 |
2246 |
1:1 |
2.246 |
126,360 |
1 |
0.17 |
126.360 |
0 01 |
2263 |
1:1 |
2.263 |
127.305 |
2 |
0.33 |
254.610 |
0.02 |
2.280 |
1:1 |
4.560 |
136,350 |
2 |
0.33 |
272.700 |
0.02 |
2.442 |
1:1 |
4.884 |
148.095 |
1 |
0.17 |
148.095 |
0 01 |
2,652 |
1:1 |
2,652 |
159,030 |
3 |
0.50 |
477.090 |
0 03 |
2.848 |
1:1 |
8.544 |
160.110 |
1 |
0.17 |
160.110 |
0 01 |
2.868 |
1 1 |
2.868 |
162,000 |
1 |
0.17 |
162.000 |
0.01 |
2 901 |
1 1 |
2.901 |
165,240 |
1 |
0.17 |
165.240 |
0 01 |
2.959 |
1:1 |
2,959 |
172,125 |
1 |
0.17 |
172.125 |
0.01 |
3.083 |
1:1 |
3,083 |
181.575 |
1 |
0.17 |
181.575 |
0 01 |
3.252 |
1:1 |
3252 |
181.710 |
4 |
0.66 |
726.840 |
0.04 |
3.254 |
1 1 |
13,016 |
181.845 |
1 |
0.17 |
181.845 |
0.01 |
3.257 |
1:1 |
3.257 |
182,250 |
2 |
0.33 |
364,500 |
0.02 |
3.264 |
1:1 |
6,528 |
Category |
No. of Applications Received |
% of Total |
Total No.of Equity Shares Applied |
% to Total |
No. of Equity Shares Allotted per
Applicant |
Ratio |
Total No. of Equity Shares Allotted |
189,000 |
1 |
0.17 |
189.000 |
0.01 |
3.385 |
1: 1 |
3,385 |
199.935 |
1 |
0.17 |
199 935 |
0 01 |
3.581 |
1: 1 |
3.581 |
204,525 |
1 |
0.17 |
204.525 |
0 01 |
3 663 |
1: 1 |
3.663 |
216.000 |
1 |
0.17 |
216.000 |
0.01 |
3 869 |
1: 1 |
3.869 |
227,205 |
3 |
0.50 |
681.615 |
0.04 |
4 069 |
1: 1 |
12,207 |
245.430 |
3 |
0.50 |
736.290 |
0.04 |
4.396 |
1: 1 |
13.188 |
256.500 |
1 |
0.17 |
256.500 |
0.02 |
4.594 |
1: 1 |
4.594 |
272.700 |
2 |
0.33 |
546.400 |
0 03 |
4.884 |
1: 1 |
9.768 |
273.240 |
1 |
0.17 |
273.240 |
0.02 |
4.894 |
1: 1 |
4.894 |
281.880 |
1 |
0.17 |
281.880 |
0 02 |
5.048 |
1: 1 |
5.048 |
290,790 |
1 |
0.17 |
290.790 |
0.02 |
5.208 |
1: 1 |
5,208 |
315,360 |
1 |
0.17 |
315.360 |
0 02 |
5.648 |
1: 1 |
5,648 |
317,250 |
1 |
0.17 |
317.250 |
0 02 |
5.682 |
1: 1 |
5,682 |
318,060 |
3 |
0.50 |
954.180 |
0.06 |
5.696 |
1: 1 |
17.088 |
321.705 |
1 |
0.17 |
321.705 |
0 02 |
5.762 |
1: 1 |
5.762 |
337,500 |
1 |
0.17 |
337.500 |
0 02 |
6.045 |
1: 1 |
6.045 |
350,865 |
1 |
0.17 |
350.865 |
0.02 |
6.284 |
1: 1 |
6.284 |
363.555 |
3 |
0.50 |
1.090.665 |
0 07 |
6,511 |
1: 1 |
19.533 |
368,145 |
1 |
0.17 |
368.145 |
0 02 |
6.594 |
1: 1 |
6.594 |
464.275 |
1 |
0.17 |
454 275 |
0 03 |
8.136 |
1: 1 |
8.136 |
454,545 |
7 |
1.16 |
3,181,815 |
0 19 |
8.141 |
1: 1 |
56.987 |
454.680 |
1 |
0.17 |
454,680 |
0 03 |
8.143 |
1: 1 |
8.143 |
461.700 |
1 |
0.17 |
461.700 |
0 03 |
8.269 |
1: 1 |
8.269 |
464,670 |
1 |
0.17 |
464.670 |
0 03 |
8.322 |
1: 1 |
8.322 |
472.500 |
1 |
0.17 |
472.500 |
0 03 |
8.463 |
1: 1 |
8,463 |
546,750 |
1 |
0 17 |
546. 750 |
0.03 |
9.792 |
1: 1 |
9.792 |
616,410 |
1 |
0.17 |
616,410 |
0.04 |
11.040 |
1: 1 |
11.040 |
675,000 |
1 |
0.17 |
675.000 |
0.04 |
12.089 |
1: 1 |
12,089 |
727,245 |
2 |
0.33 |
1,454,490 |
0.09 |
13.025 |
1: 1 |
26.050 |
763.500 |
1 |
0.17 |
763.560 |
0 05 |
13.675 |
1: 1 |
13.675 |
818.100 |
2 |
0.33 |
1,636.200 |
0 10 |
14.652 |
1: 1 |
29.304 |
909.090 |
14 |
2 31 |
12.727,260 |
0 77 |
16 282 |
1: 1 |
227.948 |
909,225 |
2 |
0 33 |
1,818,450 |
0.11 |
16.284 |
1: 1 |
32,568 |
918.000 |
1 |
0.17 |
918.000 |
0.06 |
16.441 |
1: 1 |
16,441 |
924.750 |
2 |
0 33 |
1.849.500 |
0.11 |
16.562 |
1: 1 |
33.124 |
945.000 |
1 |
0 17 |
945.000 |
0.06 |
16.925 |
1: 1 |
16.925 |
956.745 |
1 |
0.17 |
956.745 |
0.06 |
17.135 |
1: 1 |
17.135 |
972.000 |
1 |
0.17 |
972,000 |
0.06 |
17 409 |
1: 1 |
17.409 |
1,090.800 |
1 |
0.17 |
1,090,800 |
0.07 |
19.536 |
1: 1 |
19.536 |
1,120.500 |
1 |
0 17 |
1,120.500 |
0.07 |
20 068 |
1: 1 |
20.068 |
1.135.350 |
1 |
0 17 |
1,135,350 |
0.07 |
20.334 |
1: 1 |
20.334 |
1.136,295 |
1 |
0 17 |
1,136.295 |
0.07 |
20.351 |
1: 1 |
20,351 |
1.181,790 |
1 |
0.17 |
1.181,790 |
0.07 |
21.166 |
1: 1 |
21.166 |
1.211.895 |
1 |
0.17 |
1.211.895 |
0.07 |
21.705 |
1: 1 |
21.705 |
1227,150 |
1 |
0.17 |
1,227.150 |
0.07 |
21.978 |
1: 1 |
21.978 |
1,272.645 |
1 |
0 17 |
1,272.645 |
0.08 |
22.793 |
1: 1 |
22.793 |
1,330.425 |
1 |
0.17 |
1.330.425 |
0 08 |
23.828 |
1: 1 |
23.828 |
1,336.500 |
1 |
0.17 |
1,336.500 |
0.08 |
23.937 |
1: 1 |
23,937 |
1,363.500 |
2 |
0.33 |
2.727.000 |
0.16 |
24.420 |
1: 1 |
48,840 |
1,363,635 |
3 |
0.50 |
4.090.905 |
0.25 |
24.423 |
1: 1 |
73,269 |
1,458.000 |
1 |
0.17 |
1.458.000 |
0.09 |
26,113 |
1: 1 |
26.113 |
1,521,855 |
1 |
0.17 |
1.521,855 |
0.09 |
27.257 |
1: 1 |
27.257 |
1,809.000 |
1 |
0.17 |
1,809,000 |
0.11 |
32.399 |
1: 1 |
32.399 |
1,818,180 |
11 |
1.82 |
19.999.980 |
1.21 |
32.564 |
1: 1 |
358.204 |
1.818.315 |
4 |
0.66 |
7.273.260 |
0.44 |
32.566 |
1: 1 |
130.264 |
1,818,450 |
1 |
0 17 |
1.818.450 |
0.11 |
32.569 |
1: 1 |
32.569 |
1.849,500 |
1 |
0 17 |
1.849.500 |
0.11 |
33.125 |
1: 1 |
33,125 |
2.067.525 |
1 |
0 17 |
2.067.525 |
0.12 |
37 030 |
1: 1 |
37.030 |
2,272.050 |
2 |
0.33 |
4,544,100 |
0.27 |
40.693 |
1: 1 |
81.386 |
2,272,725 |
15 |
2.48 |
34.090.875 |
2 06 |
40.705 |
1: 1 |
610,575 |
2.272.860 |
5 |
0.83 |
11.364,300 |
0.69 |
40.707 |
1: 1 |
203.535 |
2,362.500 |
1 |
0.17 |
2.362,500 |
0.14 |
42.313 |
1: 1 |
42.313 |
2,673.000 |
2 |
0.33 |
5.346.000 |
0 32 |
47.874 |
1: 1 |
95.748 |
2,727.000 |
2 |
0.33 |
5.454,000 |
0 33 |
48.841 |
1: 1 |
97.682 |
2 '27.270 |
3 |
0 50 |
8,181.810 |
0.49 |
48.846 |
1: 1 |
146.538 |
2.835.000 |
1 |
0 17 |
2.835,000 |
0.17 |
50.775 |
1: 1 |
50.775 |
2.863.620 |
1 |
0 17 |
2,863,620 |
0 17 |
51.288 |
1: 1 |
51.288 |
2.955,150 |
1 |
0 17 |
2.955.150 |
0 18 |
52.927 |
1: 1 |
52.927 |
3.045.465 |
1 |
0.17 |
3.045 465 |
0 18 |
54.545 |
1: 1 |
54.545 |
3.636,360 |
13 |
2.15 |
47,272.680 |
2 86 |
65.128 |
1: 1 |
846.664 |
3.727.215 |
1 |
0 17 |
3.727.216 |
0 23 |
66.755 |
1: 1 |
66.755 |
3.834.000 |
1 |
0 17 |
3,834,000 |
0 23 |
68 667 |
1: 1 |
68.667 |
4.091.040 |
1 |
0 17 |
4.091.040 |
0.25 |
73.271 |
1: 1 |
73.271 |
4.283.550 |
1 |
0.17 |
4,283.550 |
0 26 |
76.719 |
1: 1 |
76.719 |
4,545.450 |
18 |
2 97 |
81.818.100 |
4 94 |
81.409 |
1: 1 |
1,465.362 |
4,545.585 |
2 |
0.33 |
9.091.170 |
0.55 |
81.412 |
1: 1 |
162.824 |
4.554.630 |
1 |
0 17 |
4.554,630 |
0.28 |
81.574 |
1: 1 |
81.574 |
4.671.000 |
2 |
0 33 |
9.342,000 |
0.56 |
83 658 |
1: 1 |
167.316 |
4.727.160 |
2 |
0 33 |
9.454 320 |
0.57 |
84.664 |
1: 1 |
169.328 |
4.806,000 |
1 |
0 17 |
4.806.000 |
0 29 |
86 076 |
1: 1 |
86.076 |
4,999.995 |
1 |
0 17 |
4.999 995 |
0 30 |
89.550 |
1: 1 |
89,550 |
5,181,705 |
1 |
0 17 |
5.181.705 |
0 31 |
92 805 |
1: 1 |
92.805 |
5,400.000 |
4 |
0 66 |
21,600.000 |
1 30 |
96.715 |
1: 1 |
386,860 |
5.454.540 |
5 |
0 83 |
27.272.700 |
1 65 |
97.691 |
1: 1 |
488.455 |
6,363,630 |
2 |
033 |
12,727.260 |
0.77 |
113.973 |
1: 1 |
227,946 |
6,480.000 |
1 |
0.17 |
6.480.000 |
0.39 |
116.057 |
1: 1 |
116,057 |
6,769,980 |
1 |
0 17 |
6,769,980 |
0.41 |
121.251 |
1: 1 |
121,251 |
6.818.175 |
1 |
0 17 |
6,818,175 |
0 41 |
122.114 |
1: 1 |
122,114 |
6.618.310 |
1 |
0.17 |
6,8.18.310 |
0.41 |
122,117 |
1: 1 |
122,117 |
6,818,850 |
1 |
0.17 |
6.818.850 |
0.41 |
122.126 |
1: 1 |
122.126 |
6.831.000 |
1 |
0.17 |
6.831.000 |
0 41 |
122.344 |
1: 1 |
122.344 |
7.090.875 |
1 |
0.17 |
7,090.875 |
0 43 |
126.998 |
1: 1 |
126.998 |
7,236,000 |
2 |
0.33 |
14,472.000 |
0 87 |
129.597 |
1: 1 |
259.194 |
7.272.720 |
2 |
0.33 |
14.545.440 |
0.88 |
130.255 |
1: 1 |
260.510 |
7.727.400 |
1 |
0 17 |
7.727 400 |
0.47 |
138.398 |
1: 1 |
138.398 |
7.749.000 |
12 |
1.98 |
92.988.000 |
5.62 |
138 785 |
1: 1 |
1.665.420 |
8.181,810 |
1 |
0.17 |
8.181.810 |
0.49 |
146.537 |
1: 1 |
146.537 |
8.181,945 |
1 |
0.17 |
8.181.945 |
0 49 |
146.539 |
1: 1 |
146,539 |
9,090.900 |
15 |
2.48 |
136.363.500 |
8.24 |
162.819 |
1: 1 |
2,442,285 |
9.229,950 |
1 |
0.17 |
9,229.950 |
0.56 |
165.309 |
1: 1 |
165,309 |
9,315,000 |
1 |
0.17 |
9,315,000 |
0.56 |
166.833 |
1: 1 |
166,833 |
9.342.000 |
1 |
0.17 |
9,342.000 |
0 56 |
167.316 |
1: 1 |
167,316 |
9.454.320 |
1 |
0 17 |
9.454.320 |
0 57 |
169.328 |
1: 1 |
169,328 |
9.999,990 |
2 |
0.33 |
19.999.980 |
1.21 |
179 101 |
1: 1 |
358,202 |
10.125,000 |
1 |
0.17 |
10,125,000 |
0 61 |
181.340 |
1: 1 |
181.340 |
10.909.080 |
1 |
0.17 |
10.909.080 |
0 66 |
195.383 |
1: 1 |
195.383 |
11.363.625 |
4 |
0.66 |
45.454.500 |
2.75 |
203.524 |
1: 1 |
814.096 |
11.363,760 |
1 |
0 17 |
11.363.760 |
0 69 |
203.526 |
1: 1 |
203.526 |
11.364.300 |
1 |
0.17 |
11.364,300 |
0 69 |
203.536 |
1: 1 |
203.536 |
11.600.010 |
2 |
0.33 |
23.200.020 |
1.40 |
207.757 |
1: 1 |
415.514 |
11.818.305 |
1 |
0 17 |
11.818.305 |
0.71 |
211.667 |
1: 1 |
211.667 |
12.272,715 |
2 |
0.33 |
24.545.430 |
1.48 |
219.805 |
1: 1 |
439,610 |
13,636,350 |
8 |
1.32 |
109,090.800 |
6 59 |
244 228 |
1: 1 |
1,953,824 |
13,837,500 |
1 |
0 17 |
13.837.500 |
0.84 |
247.831 |
1: 1 |
247.831 |
13.905.000 |
6 |
0.99 |
83,430.000 |
5.04 |
249 040 |
1: 1 |
1, 494.240 |
14.181.750 |
2 |
0.33 |
28.363.500 |
1.71 |
253.996 |
1: 1 |
507,992 |
14.545.440 |
4 |
0.66 |
58.181.760 |
3 51 |
260.510 |
1: 1 |
1.042.040 |
14.823.000 |
1 |
0.17 |
14.823.000 |
0 90 |
265 481 |
1: 1 |
265.481 |
14,999,850 |
1 |
0.17 |
14,999.850 |
0.91 |
268 649 |
1: 1 |
268,649 |
16.363,620 |
3 |
0.50 |
49,090.860 |
2.97 |
293.074 |
1: 1 |
879,222 |
18.103.500 |
1 |
0.17 |
18.103.500 |
1.09 |
324.235 |
1: 1 |
324.235 |
18.171.000 |
1 |
0 17 |
18.171.000 |
1.10 |
325.444 |
1: 1 |
325.444 |
18.549.000 |
1 |
0.17 |
18.549.000 |
1.12 |
332.214 |
1: 1 |
332,214 |
22,234,500 |
1 |
0.17 |
22,234,500 |
1.34 |
998 222 |
1: 1 |
398.222 |
22.272.705 |
1 |
0 17 |
22,272.705 |
1 35 |
998 906 |
1: 1 |
398.906 |
23,152.500 |
2 |
0 33 |
46.305,000 |
2.80 |
414.663 |
1: 1 |
829.326 |
68.181.750 |
1 |
0.17 |
68,181.750 |
4.12 |
1.221.171 |
1: 1 |
1,221,171 |
90.909,000 |
1 |
0.17 |
90.909.000 |
5.49 |
1.628 227 |
1: 1 |
1,628.227 |
TOTAL |
606 |
100.00 |
1.655,259.705 |
100.00 |
|
|
29.645,858 |
C. Allotment to Eligible Employee Bidders (after
technical rejections)(including ASBA Applications)
The Basis of Allotment to the Eligible the Employee who have Bid at Cut-off
price or at the Issue price od Rs 110 per Equity Share, was finalized in consultation with
the BSE. This category has been subscribed to the extent of 0.965520 times. The total
number of Equity Shares Allotted in Eligible Employee category is 241.380 Equity Shares to
383 successful applicants The category-wise details of tho Basis of Allotment are as
under;
Category |
No. of Applications Received |
% of Total |
Total No. of Equity Shaics Applied |
% to
Total |
No. of Equity
Shares Allotted per Applicant |
Ratio |
Total No. of
Equity Shares Allotted |
135 |
130 |
33.94 |
17.550 |
7.27 |
135 |
1:1 |
17.550 |
270 |
67 |
17.49 |
18.090 |
7.49 |
270 |
1:1 |
18.090 |
405 |
28 |
7.31 |
11.340 |
4.70 |
405 |
1:1 |
11.340 |
540 |
26 |
6.79 |
14.040 |
5.82 |
540 |
1:1 |
14.040 |
675. |
13 |
3.39 |
8.775 |
3.64 |
675 |
1:1 |
8,775 |
810 |
13 |
3.39 |
10.530 |
4.36 |
810 |
1:1 |
10.530 |
945 |
12 |
3.13 |
11,340 |
4.70 |
945 |
1:1 |
11,340 |
1080 |
12 |
3.13 |
12.960 |
5.37 |
1080 |
1:1 |
12.960 |
1215 |
5 |
3.31 |
6.075 |
2.52 |
1215 |
1:1 |
6.075 |
1350 |
9 |
2 35 |
12,150 |
5.03 |
1350 |
1:1 |
12.150 |
1485 |
2 |
0.52 |
2,970 |
1.23 |
1485 |
1:1 |
2 970 |
1620 |
2 |
0.52 |
3,240 |
1.34 |
1620 |
1:1 |
3 240 |
1755 |
64 |
16.71 |
112,.320 |
46.53 |
1755 |
1:1 |
112.320 |
TOTAL |
383 |
100.00 |
241,380 |
100.00 |
|
|
241,380 |
D.Allotment to QlBs
Allotment to QIBs. who have Bid at the issue Price of Rs. 110 per Equrty Share or above,
has been done on a proportionate basis in consultation with the BSE. This category has
been subscribed to the extent of 15.04412 times of Nel QIB portion. As per the SEBI
Regulations. Mutual Funds were Allotted 5% of the Equity Shares of Net QIB Portion
available i e. 1.976.521 Equity Shares and other QIBs and unsatisfied demand of Mutual
Funds were Allotted the remaining available Equity Shares i e, 37,553.875 Equity Shares on
a proportionate basis. The total number of Equity Shares Allotted in the QIB category is
39,530.396 Equriy Shares, which were allotled to 162 successful Applicants The
category-wise details of the Basis of Allotment are as under;
Category |
FIs/.Banks |
MFs |
ICs |
Others |
Total |
OIB |
9.596.436 |
16,783,690 |
8,456.017 |
4.694,253 |
39,530,396 |
E. Allotment to Anchor Investors
The Company in consultation with the BRLMs have allocated 59.289.127 Equity Shares to 15
Anchor Investors (through 63 Applications) at the Anchor Investor Issue Price of Rs.110
per Equity Share In accordance with the SEBI Regulations This represents 60% of the QIB
Category.
Category |
FIs/Banks |
MFs |
ICs |
VCs |
AIF FPIfFII |
FPI/Fll |
Total |
Anchor Investors |
- |
40,298,176 |
12,720,780 |
- |
6,270,172 |
0 |
59,289,127 |
The IPO Committee of the Company at its meeting held on April 16.2016
has taken on record the Basis of Allotment of Equity Shares approved by the Designated
Stock Exchange, being BSE and has Allotted the Equity Shares to various successful
applicants. The Equity Shares Allotted to the successful Allottees have been uploaded on
April 18, 2016 for credit Into the respective beneficiary accounts subject to validation
of the account details with the depositories concerned. The Company has received listing
and trading approvals from BSE and NSE and the trading is expected to commence on April
21,2016.
All capitalised terms used and not specifically defined herein shall have the same
meaning as ascribed to them in the Prospectus.
INVESTORSPLEASENOTE
The details of the allotment made will be hosted on the website of the Registrar to the
Issue. Karvy Computershare Private Limited at https://karisma.karvy.com
All future correspondence in this regard may kindly be addressed to the Registrar to
the Issue quoting full name of the First / Sole Bidder. Seral number of the Bid cum
Application Form, number of Equity Shares Bid for. name of the member of the Syndicate,
place where the Bid was submitted and payment details at the address grven below:
Karvy Computershare Private Limited
Kervy Selenium Tower B. Plot 31-32, Gachibowli Financial District.
Nanakramguda. Hyderabad 500032
Tel: (9140) 6716 2222. Fax; (9140) 23431551. Email: einward.ris@karvy.com
Investor Grievance e-mail: equitasholdings.ipo@karvyrom
Website; https://karisma.karvy.com. Contact Person: M
Murali Krishna
SEBI Registration No INR000000221
Place; Chennai
Dale; April 20.2016 |
For EQUITAS HOLDINGS LIMITED
On behalf of the Board of Directors
Sd/-
Company Secretary and Compliance Officer |
|